Which inventory costing method is frequently used when undifferentiated units are stored in a common area? a.
Question:
Which inventory costing method is frequently used when undifferentiated units are stored in a common area?
a. Specific identification
b. Weighted-average cost
c. FIFO
d. LIFO
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
When undifferentiated units are stored in a common area the most suitable inventory costing method i...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Question 1 : Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic...
-
Orion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year, as if it uses a periodic inventory system. Assume...
-
Children out of School in America is a report on delinquency of school-age children prepared by the Childrens Defense Fund (CDF), a government-sponsored organization. Consider the following three...
-
State whether each of the following properties of the representative elements generally increases or decreases (a) From left to right across a period and (b) From top to bottom within a group:...
-
Classify the following nudges as either a potentially advantageous default nudge, an information or encouragement nudge, or not a nudge. a. A firm redesigns its health enrollment form so that...
-
Balance sheet data for Fisher Fabrics Company on December 31, the end of the fiscal year, are as follows: Prepare a comparative balance sheet for 2002 and 2001, stating each asset as a percent of...
-
Dimmell Pools manufactures swimming pool equipment. Dimmell estimates total manufacturing overhead costs next year to be $ 1,525,000. Dimmell also estimates it will use 61,000 direct labor hours and...
-
Steven is playing a board game and rolls two dice. Let A = {the sum of the dice is even}, and let B = {the second die shows an even number}. Are events A and B independent? a) No, because the...
-
Which inventory costing method does not require the use of the lower-of-cost-or-net realizable value method? a. Specific identification b. Weighted-average cost c. FIFO d. All methods require the use...
-
Which inventory costing method is expensive to implement? a. Specific identification b. Weighted-average cost c. FIFO d. LIFO
-
Graph the linear function by hand. Identify the slope and y-intercept. f(x) = 3x + 2
-
locate a dataset stored as a .csv file from kaggle.com Make new database and appropriate table(s) needed to hold the data from the .csv file. Use appropriate MySQL CLI commands to view the database...
-
For each individual, calculate the self - employment tax. Assume that each individual files tax returns under single status. Remember, the additional Medicare Tax threshold that applies to sel -...
-
ABC plc is financed by both debt and equity. Its cost of equity is 12% and the cost of debt 8% and its weighted average cost of capital is 10.5%. The company pays out all its profits as dividends and...
-
Create an SSIS package to load Employee.txt file in to LearningSSIS..tblEmployee Create table tblEmp in LearningSIS2 database with the same schema as LearningSSIS..tblEmployee table (do not populate...
-
Exercise 1 0 - 8 ( Algo ) Direct Materials and Direct Labor Variances [ LO 1 0 - 1 , LO 1 0 - 2 ] Dawson Toys, Limited, produces a toy called the Maze. The company has recently created a standard...
-
We wish to alter the figure for Prob. 822 by decreasing the inside diameter of the seal to the diameter A = 100 mm. This makes an effective sealing diameter of 120 mm. Then, by using cap screws...
-
A copper wire (density = 8.96 g/cm 3 ) has a diameter of 0.25 mm. If a sample of this copper wire has a mass of 22 g, how long is the wire?
-
Designing software is made more complex because we are designing for a sequence of actions. a. Write a set of instructions for making tea with a teapot and teabags. Try to consider the major problems...
-
Curtiss Construction Company, Incorporated, entered into a fixed - price contract with Axelrod Associates on July 1 , 2 0 2 4 , to construct a four - story office building. At that time, Curtiss...
-
Assuming the lower end of 50 kWh per month, we can calculate the daily energy consumption: 50 kWh / 30 days = approximately 1.67 kWh per day. With 8 hours of average sunlight per day, we can...
Study smarter with the SolutionInn App